Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against BloFin+0.047%51s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 3 days (all we have)+0.174%+$17 · spread now +0.047%, 7d avg +0.007%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.040% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RUNE-USDT | 0.6386 | 0.0073 | pay 0.0073% / 8h | 2h 30m | $446K | $150K | 75x |
| Short | BingX RUNE-USDT | 0.6389 | 0.0100 | get 0.0100% / 8h | 2h 30m | — | $59.0M | — |
BloFin RUNE-USDT
BingX RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.76
- Price spread: +0.047% → +0.007%
- $4.03
- Slippage, 4 orders
- −$57.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$69.97
- Costs to cover
- 0.798%
- Break-even
- 92.0 days
Slippage from BloFin: live order book, 55 min ago; BingX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 55 min ago | 6.32 bp | 18.6 bp −$19 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.27 bp | 26.1 bp −$26 | 52.6 bp −$526 | 335.7 bp −$33.6K | 487.8 bp −$243.9K |
RUNE on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | −0.1000% | 1h | 0.6394 | +0.125% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.617% | $7 | $24 | 12x | as long as short |
| BloFin RUNE-USDTlong | +0.0073% | 8h | 0.6386 | long leg | $446K | $150K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6392 | +0.089% | $4.7M | $9.7M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6394 | +0.125% | $2.7M | $1.5M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6392 | +0.094% | $658K | $290K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6391 | +0.078% | $2.7M | $1.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6391 | +0.078% | $911K | $190K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6398 | +0.188% | $1.6M | $467K | 50x | as long as short |
| BingX RUNE-USDTshort | +0.0100% | 8h | 0.6389 | +0.047% | — | $59.0M | — |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6389 | +0.051% | $126K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6393 | +0.102% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0368% | 1h | 0.6406 | +0.313% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.0380% | 1h | 0.6401 | +0.240% | $1.7M | $857K | 5x | as long as short |
| dYdX RUNE-USD | +0.1526% | 1h | 0.6382 | −0.067% | $54K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2398% | 1h | 0.6408 | +0.338% | $177K | $214K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD